Overview
What is Centre Foundation Inc?
Centre Foundation Inc is a nonprofit organization situated in State College, Pennsylvania. Their mission is to foster a culture of giving, engaging, and supporting the community. They believe in the organizations that work towards improving Centre County and the donors who contribute to their cause. Centre Foundation distributes grants annually to over 200 organizations, supporting various sectors such as arts, education, social services, and conservation. Their innovative giving and granting programs, including Centre Gives and Centre Inspires, provide community support. The organization is committed to strengthening nonprofits through training and research, ensuring their endowment funds generate earnings for local grants. With a team of eight employees, Centre Foundation aims to create a vibrant, equitable, and inclusive community in Pennsylvania.
Official website here: www.centre-foundation.org
Is Centre Foundation Inc legitimate?
Centre Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centre Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $175,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,043
For more financial information, click here
Official website here: www.centre-foundation.org
What is the mission statement of Centre Foundation Inc?
Centre Foundation Inc's mission is centered around fostering a culture of philanthropy and community engagement. The organization aims to cultivate a vibrant, equitable, and inclusive community by administering funds for the benefit of various local non-profit organizations. These organizations, primarily focusing on arts, humanities, culture, education, recreation, and social services, are working towards a better future. Centre Foundation inspires philanthropy, builds endowments, and strengthens organizations through training and research. They fund transformative projects and facilitate effective partnerships around community issues. Each year, they distribute grants to over 200 organizations, supporting a wide range of work across different non-profit sectors. Their innovative giving and granting programs, such as Centre Gives, Centre Inspires, Centre Pact, and scholarships, provide annual community support.
Official website here: www.centre-foundation.org
Who is the CEO of Centre Foundation Inc?
Molly Kunkel is the Director of Centre Foundation Inc. The CEO's salary of Centre Foundation Inc is $143,801 and their total compensation is $175,514.
Official website here: www.centre-foundation.org
What is the revenue of Centre Foundation Inc?
Centre Foundation Inc's revenue in 2022 was $5,437,523.
Official website here: www.centre-foundation.org
Who are the executives of Centre Foundation Inc and what are their salaries?
The average compensation at Centre Foundation Inc during 2022 was $72,570. There are 8 employees and 30 volunteers at Centre Foundation Inc.
Here are 16 key members and their salaries (Centre Foundation Inc's CEO's salary is $143,801 and their total compensation is $175,514):
- Molly Kunkel (President/Ceo)
- Carrie Ryan (Cfo/Coo)
- Ken Hall (Director)
- Lydia Abdullah (Director)
- Cari Gustafson (Director)
- Dr Seriashia Chatters (Director)
- Madhuri Shrikant Desai (Director)
- Erin Meitzler (Vice Chair/Secretary) [Trustee/Director]
- Randy Woolridge (Director)
- Bob Hicks (Director)
- Blake Gall (Director)
- Cristin Long (Director)
- Kate Bennett Truitt (Chair) [Trustee/Director]
- Ellen Matis (Director)
- Leanne Lenz (Director)
- Joe Dionisio (Treasurer) [Trustee/Director]
Official website here: www.centre-foundation.org
Where can I find the form 990 for Centre Foundation Inc?
The Centre Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.centre-foundation.org
Learn more at the official website: www.centre-foundation.org
Mission Statement of Centre Foundation Inc
Centre Foundation Inc, established with the purpose of receiving, holding, and administering funds for the benefit of the community, has a mission to inspire and facilitate a culture of giving and engagement that cultivates a vibrant, equitable, and inclusive community. The organization believes in the significance of local 501(C)(3) organizations working towards the betterment of arts, humanities, culture, education, recreation, and social service agencies. Centre Foundation aims to inspire philanthropy, build endowments, create community engagement, strengthen organizations through training and research, fund transformative projects, and convene effective partnerships around community issues.
Through their various innovative giving and granting programs such as Centre Gives, Centre Inspires, Centre PACT, Giving Circle, Field of Interest Grants, and scholarships to universities and trade schools, Centre Foundation distributes grants to over 200 organizations annually. Their programs support a wide range of work across all nonprofit sectors and focuses, including arts, humanities, culture, education, social services, and conservation. By providing annual community support, Centre Foundation is dedicated to enhancing the well-being of their community by investing in the organizations that are committed to creating a better future.
Impact
This information is meant to be a general summary of Centre Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Centre Foundation Inc's impact includes inspiring and facilitating a culture of giving and engagement that cultivates a vibrant, equitable, and inclusive community. They support organizations that are creating a better future for Centre County and the donors who support them. Through their grants and programs, Centre Foundation promotes philanthropy, builds endowments, engages with the community, strengthens organizations through training and research, funds transformative projects, and convenes effective partnerships around community issues. Each year, Centre Foundation distributes grants to over 200 organizations across various sectors such as arts, humanities, culture, education, social services, and conservation. Their innovative programs, including Centre Gives, Centre Inspires, Centre PACT, giving circles, field of interest grants, and scholarships, provide annual community support. Centre Foundation's impact is further highlighted by their accreditation through the National Standards for U.S. Community Foundations, showcasing their commitment to excellence in philanthropy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1995
Phone
(814) 237-6229
Principal Officer
Molly Kunkel
Main Address
1377 RIDGE MASTER DRIVE, STATE COLLEGE, PA, 16803
Website
www.centre-foundation.org
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Centre Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.